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Sep 09, 2008

2009 Medicare Part D Parameters

The 2009 Medicare Part D parameters have been set by CMS.

                                                         2008                2009

Deductible                                         $275                 $295

Initial Coverage Limit                           $2510               $2700

Out-of-Pocket Costs                           $4050               $4350

Minimum cost-sharing

Catastrophic Portion

Generic/Preferred Drug                        $2.25                $2.40

All other drugs                                    $5.60                $6.00

CMS has predicted lower than anticipated premiums for 2009. This is good news in addition to the increase in the Part D benefit parameters. Changes can be made on your Part D plan November 15, 2008 through December 31, 2008 for the 2009 year. Let Whitmire & Whitmire help you choose the right plan for your prescription needs for 2009. All we need is a list of your medications, frequency and dosage and we will provide you a detailed summary of the best company and plan for your 2009 medication needs.

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